This article was published 3 years ago. Some details may no longer reflect current market conditions or recent developments. If you spot anything that needs an update, contact us.

US PPI lower than expected across the board, Bitcoin touches $25k

Bitcoin broke $25,000, while Gold broke $1920 on lower than expected PPI data

Quick Take

  • Bitcoin touched $25,000, while Gold broke $1,920
  • US PPI lower than expected across all measures
  • PPI -0.1% M/M, Exp. 0.3%
  • PPI 4.6% Y/Y, Exp. 5.4%
  • PPI Core 0.0% M/M, Exp. 0.4%
  • PPI Core 4.4% Y/Y, Exp. 5.2%
BTC and Gold: (Source: Trading View)
BTC and Gold: (Source: Trading View)